Delta Air Lines (NYSE:DAL) Issues Q2 Earnings Guidance

Delta Air Lines (NYSE:DAL) updated its second quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.70-2.30 for the period, compared to the consensus estimate of $2.21. Delta Air Lines also updated its Q2 2025 guidance to 1.700-2.300 EPS.

Delta Air Lines Trading Down 11.1 %

NYSE:DAL opened at $39.34 on Friday. The company has a quick ratio of 0.32, a current ratio of 0.37 and a debt-to-equity ratio of 0.92. Delta Air Lines has a 52-week low of $34.74 and a 52-week high of $69.98. The stock’s 50 day moving average price is $52.94 and its 200 day moving average price is $57.75. The company has a market capitalization of $25.43 billion, a PE ratio of 7.38, a P/E/G ratio of 0.75 and a beta of 1.23.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Wednesday, April 9th. The transportation company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.38). Delta Air Lines had a net margin of 5.61% and a return on equity of 30.41%. The business had revenue of $12.98 billion during the quarter, compared to analysts’ expectations of $13.85 billion. The firm’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 EPS. On average, research analysts anticipate that Delta Air Lines will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Thursday, February 27th. Delta Air Lines’s dividend payout ratio is presently 11.26%.

Analyst Upgrades and Downgrades

DAL has been the subject of several recent analyst reports. Dbs Bank cut shares of Delta Air Lines from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 3rd. Raymond James reduced their price objective on shares of Delta Air Lines from $80.00 to $62.00 and set a “strong-buy” rating for the company in a research report on Wednesday, April 2nd. Susquehanna cut their target price on Delta Air Lines from $80.00 to $50.00 and set a “positive” rating for the company in a research note on Monday. Bank of America decreased their price target on Delta Air Lines from $65.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, April 3rd. Finally, TD Cowen increased their price objective on Delta Air Lines from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.77.

Insiders Place Their Bets

In related news, EVP Rahul D. Samant sold 38,023 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $64.89, for a total value of $2,467,312.47. Following the transaction, the executive vice president now owns 52,789 shares in the company, valued at approximately $3,425,478.21. This trade represents a 41.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP William C. Carroll sold 6,783 shares of Delta Air Lines stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $65.94, for a total transaction of $447,271.02. Following the transaction, the senior vice president now owns 10,016 shares in the company, valued at $660,455.04. The trade was a 40.38 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 162,886 shares of company stock valued at $11,116,463. Company insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Delta Air Lines

An institutional investor recently raised its position in Delta Air Lines stock. Brighton Jones LLC lifted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 33.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,174 shares of the transportation company’s stock after acquiring an additional 2,302 shares during the period. Brighton Jones LLC’s holdings in Delta Air Lines were worth $555,000 as of its most recent filing with the SEC. Institutional investors own 69.93% of the company’s stock.

About Delta Air Lines

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.